Caffeine Cast: Cash, Cash Flow & More Cash [Business, mindset, entrepreneur, disruptors]
Disruptors
Rob Moore
4.8 • 1.4K Ratings
🗓️ 13 October 2016
⏱️ 12 minutes
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| 0:00.0 | Welcome to the Disruptive Entrepreneur Podcast. |
| 0:05.0 | For anyone who wants to make money and make a difference, |
| 0:08.0 | grow and leverage your enterprise better, get more done in less time, |
| 0:12.0 | outsource everything and create your ideal lifestyle. |
| 0:15.0 | And now, your host, eight times best-selling author and double world record holder, |
| 0:21.0 | Rob Moore. Hi, it's Rob Moore here. |
| 0:27.0 | This is the video and audio podcast for the disruptive entrepreneur. |
| 0:31.0 | Thanks for tuning in. A quick caffeine cast shot in the arm |
| 0:36.0 | about cash, cash flow and more cash. It's about 400,000 people that my teaching videos, trainings, events have reached. |
| 0:46.0 | And I'm still to this day very surprised how many people don't understand the difference between |
| 0:51.0 | cash flow and profit or profit and loss. |
| 0:53.7 | They don't understand the difference between a cash position or a cash flow forecast |
| 0:57.9 | and a profit and loss forecast. |
| 1:00.1 | And so I wanted to very briefly end in layman's terms explain that and also how to get you to revolutionize your cash position |
| 1:08.1 | Which means how to get more cash flow how to you know future invoices or future money that's outstanding for your business |
| 1:15.3 | to come in quicker. A quick story about Dell who revolutionized the sort of the cash cycle or the cash flow cycle in terms of a number of days in the |
| 1:26.1 | computing business and how you could probably implant or model that into your |
| 1:30.1 | business or enterprise. So from a very simple layman terms point of view |
| 1:34.3 | profit and loss is the amount of profit or loss you're making in your business. |
| 1:39.2 | Cash flow is the amount of cash or liquidity you have. Now of course you then have the balance sheet which has |
| 1:46.1 | cash and non-cash assets and liabilities. So at any one time you'll have liquid and non liquid or cash and non cash assets. |
| 1:56.2 | So you have this access to cash. |
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